Given below are two statements, one is labelled asAssertion (A) :and the other as Reason (R).Assertion (A):Consumers can bargain below Maximum Retail Price (MRP).Reason (R):MRP is a price a seller must charge from the buyer.

A Both (A) and (R) are true, but (R) is not the correct explanation of (A)

B (A) is false, but (R) is true

C (A) is true, but (R) is false.

D Both (A) and (R) are true and (R) is the correct explanation of (A)

Correct answer: (c) (A) is true, but (R) is false.

Explanation

A
Both (A) and (R) are true, but (R) is not the correct explanation of (A)
Both true, R not explaining A. R is false: MRP is a ceiling, not a price the seller must charge.
B
(A) is false, but (R) is true
(A) false. Bargaining below MRP is allowed.
C
(A) is true, but (R) is false.
(A) true, (R) false. Buyer may pay less than MRP. Seller must not charge more than MRP.
D
Both (A) and (R) are true and (R) is the correct explanation of (A)
Both true and R explains A. R reverses the Legal Metrology rule.

Summary. Official key is (c). You may bargain below MRP. MRP is not a compulsory selling price.